Filing Flows › Materion (MTRN) › Q3 2026 › vs Q2 2026
Materion (MTRN) Q3 2026 vs Q2 2026 (quarter over quarter)
Materion's revenue fell $46.6M (-8%) from $614M in Q2 2026 to $567M in Q3 2026. The biggest changes: Semiconductor −$22.8M (-7%); Energy −$20.4M (-39%); Consumer electronics −$9.0M (-15%). Gross margin 18.3% against 17.0% (+1.3 pts).
Materion, Q3 2026: revenue $567M (+28% year over year), operating margin 8.9%, net earnings $38.3M, operating cash flow $72.2M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 18.3% | 17.0% | +1.3 pts |
| Operating margin | 8.9% | 8.4% | +0.5 pts |
| Net margin | 6.8% | 6.3% | +0.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Semiconductor | $282M | $305M | −$22.8M | -7% |
| Aerospace and defense | $74.1M | $74.7M | −$577K | -0.8% |
| Industrial | $54.9M | $56.3M | −$1.4M | -2% |
| Consumer electronics | $51.2M | $60.2M | −$9.0M | -15% |
| Other | $34.4M | $31.1M | $3.2M | +10% |
| Energy | $32.4M | $52.8M | −$20.4M | -39% |
| Automotive | $20.8M | $20.5M | $295K | +1% |
| Life sciences | $17.2M | $13.2M | $4.0M | +30% |
| Revenue | $567M | $614M | −$46.6M | -8% |
| Gross profit | $104M | $104M | −$641K | -0.6% |
| Cost of revenue | $464M | $510M | −$46.0M | -9% |
| Operating profit | $50.4M | $51.7M | −$1.3M | -3% |
| Operating expenses | $53.3M | $52.6M | $663K | +1% |
| Pre-tax earnings | $44.2M | $44.5M | −$330K | -0.7% |
| Other expense, net | $6.2M | $7.2M | −$974K | -14% |
| Research & development | $6.5M | $6.6M | −$57K | -0.9% |
| SG&A | $42.5M | $42.3M | $204K | +0.5% |
| Other operating costs | $4.3M | $3.7M | $516K | +14% |
| Net earnings | $38.3M | $38.8M | −$426K | -1% |
| Income tax | $5.8M | $5.7M | $96K | +2% |
| Depreciation & amortization | $19.7M | $19.2M | $531K | +3% |
| Share-based compensation | $3.9M | $5.3M | −$1.4M | -26% |
| Working capital & other | $10.3M | $11.6M | −$1.3M | -12% |
| Operating cash flow | $72.2M | $74.8M | −$2.6M | -4% |
Questions
How much did Materion's revenue grow quarter over quarter in Q3 2026?
Materion's revenue fell $46.6M (-8%) from $614M in Q2 2026 to $567M in Q3 2026.
What drove Materion's revenue change in Q3 2026?
Semiconductor −$22.8M (-7%); Energy −$20.4M (-39%); Consumer electronics −$9.0M (-15%).